The 2026 Fortune Global 500 ranking was unveiled, with Amazon.com, Inc. (AMZN.US) topping the list of the world's largest companies for the first time, ending Walmart Inc. (WMT.US)'s 12-year reign.

State Grid Corporation of China retained third place and remained the highest-ranked Chinese company. UnitedHealth Group Incorporated (UNH.US) and Saudi Aramco ranked fourth and fifth respectively.

Google parent Alphabet Inc. (GOOG.US) ranked as the world's eighth-largest company, entering the top 10 for the first time. With net profit of USD132.17 billion, it reclaimed the title of the world's most profitable company from Saudi Aramco, ending the latter's four-year streak. NVIDIA and Apple ranked second and third respectively in the profit ranking, while Saudi Aramco slipped to fifth.

Chinese internet magnates JD-SW (09618.HK), BABA-W (09988.HK), TENCENT (00700.HK), PDD Holdings Inc. (PDD.US) and MEITUAN-W (03690.HK) continued to grow amid an increasingly competitive landscape, with all improving their rankings. JD-SW climbed three places from last year to rank 41st, remaining the highest-ranked mainland Chinese private enterprise.

BABA-W ascended seven places to 56th. TENCENT entered the top 100 for the first time this year, rising 19 places to 97th. PDD climbed 11 places to 255th, while MEITUAN-W advanced 16 places to 311th. Meanwhile, XIAOMI-W (01810.HK) made the list for the eighth consecutive year, ranking 232nd, up 65 places from the previous year.

Companies on this year's Fortune Global 500 generated combined revenue of approximately USD43.1 trillion, up 3.2% YoY and exceeding one-third of global GDP. The minimum revenue threshold for inclusion increased from USD32.2 billion to USD33.2 billion. Combined net profit totaled approximately USD3.4 trillion, soaring 14% YoY to a record high.
~

AASTOCKS Financial News
Website: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
TENCT (C)	28957	590 (-)	0.067	10.2 X
TENCT (C)	28821	560 (-)	0.098	9.7 X
TENCT (C)	14720	525 (-)	0.123	6.8 X
TENCT (P)	15481	410 (-)	0.106	5.6 X
TENCT (P)	28953	390 (-)	0.088	8.6 X
TENCT (P)	15421	380 (-)	0.083	5.4 X
TENCT (Bull)	59354	427 (430)	0.078	11.8 X
TENCT (Bull)	55798	422 (425)	0.088	10.5 X
TENCT (Bear)	64577	498 (495)	0.060	15.4 X
TENCT (Bear)	63420	481 (478)	0.033	28.0 X
XIAOMI (C)	28306	38.9 (-)	0.078	8.7 X
XIAOMI (C)	15558	32 (-)	0.211	4.3 X
XIAOMI (P)	15346	23.8 (-)	0.056	4.5 X
XIAOMI (Bull)	62461	25.6 (26)	0.065	4.9 X
XIAOMI (Bull)	61531	24.6 (25)	0.151	4.2 X
XIAOMI (Bear)	65348	34.4 (34)	0.025	12.6 X
XIAOMI (Bear)	54537	33.4 (33)	0.016	19.7 X
MTUAN (C)	27547	100.1 (-)	0.153	5.5 X
MTUAN (C)	23239	98.93 (-)	0.058	6.8 X
MTUAN (P)	13319	82.9 (-)	0.069	4.0 X
MTUAN (P)	15484	78.8 (-)	0.089	3.4 X
MTUAN (P)	27732	71.83 (-)	0.061	5.0 X
MTUAN (Bull)	66763	80.5 (83)	0.062	7.4 X
MTUAN (Bull)	61779	77.5 (80)	0.078	5.9 X
MTUAN (Bear)	56158	101.5 (99)	0.087	10.6 X
MTUAN (Bear)	60671	97.5 (95)	0.053	17.4 X
JDCOM (C)	15766	142.5 (-)	0.176	3.6 X
JDCOM (C)	26653	139.718 (-)	0.183	5.8 X
JDCOM (Bull)	54199	91.3 (93.8)	0.073	3.5 X
JDCOM (Bear)	63112	152.5 (150)	0.052	4.8 X
JDCOM (Bear)	65011	145.5 (143)	0.038	6.6 X
ALIBA (C)	27623	145.1 (-)	0.047	6.3 X
ALIBA (C)	15556	128.88 (-)	0.104	4.6 X
ALIBA (C)	13814	123 (-)	0.093	5.4 X
ALIBA (P)	28764	115.5 (-)	0.123	4.4 X
ALIBA (P)	13321	107 (-)	0.128	3.1 X
ALIBA (P)	15289	96 (-)	0.085	4.2 X
ALIBA (Bull)	60505	105.5 (107)	0.039	14.4 X
ALIBA (Bull)	57523	103 (104.5)	0.053	10.6 X
ALIBA (Bear)	56637	124.5 (123)	0.104	10.8 X
ALIBA (Bear)	63448	118.5 (117)	0.028	20.1 X
AMZN (C)	11070	245 (-)	0.155	9.5 X
AMZN (P)	11137	180 (-)	0.094	5.7 X
ALPBE (C)	11184	470 (-)	0.071	8.9 X